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Oct 7, 2013
10/13
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WMAR
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congress needs to raise the debt ceiling by october 17th. >>> here in maryland. this is the first furlough day for many lockheed-martin company. 500 workers are at the plan in middle river. 3,000 workers around the nation will stay home. for some, because where they work is inside of a federal building and it is closed. others is because the work is tied a federal agency that is shutdown. they are encouraging employees to use paid vacation and sick time. the company says the number of employees can vary from day-to- day depending on what they do. and the length will be a factor. lockheed-martin is one of the biggest suppliers of military equipment in the country. now, is not known how many workers in our area will be affected. once again, furloughs begins today. >>> the supreme court begins today and the docket is crowded with a number of issues. campaign finance, affirmative action, prayer and abortion is on
congress needs to raise the debt ceiling by october 17th. >>> here in maryland. this is the first furlough day for many lockheed-martin company. 500 workers are at the plan in middle river. 3,000 workers around the nation will stay home. for some, because where they work is inside of a federal building and it is closed. others is because the work is tied a federal agency that is shutdown. they are encouraging employees to use paid vacation and sick time. the company says the number of...
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Oct 7, 2013
10/13
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WJLA
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the looming debt ceiling is adding to the crisis. the government is expected to reach that october 17th. there will not be a vote on the bill to boost the borrowing authority without concessions from the penalresident. >> my goal is to have a serious conversation. >> as we get closer, the blame will fall on speaker boehner and the republican party for this upcomingdy zagser. >>> 350,000 defense department employees have been able to go back to work. >>> a spectacular crash in virginia on saturday. and yesterday, a smashup in texas that ended with serious injuries. the texas smashup happened in the final leg in the grand prix of houston. dario franchitti's car went a airborn, throwing the debris into the car. he suffered a concussion, a broken leg if the pileup. 13 race fans were injured. >> one guy came down, bleeding from his head. >> we were in one of the vendor tents over there. some people came over and said, do you have giveaway shirts to give to the people in the stands that got hurt. >> reporter: franchitti, a three-time winne
the looming debt ceiling is adding to the crisis. the government is expected to reach that october 17th. there will not be a vote on the bill to boost the borrowing authority without concessions from the penalresident. >> my goal is to have a serious conversation. >> as we get closer, the blame will fall on speaker boehner and the republican party for this upcomingdy zagser. >>> 350,000 defense department employees have been able to go back to work. >>> a...
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Oct 9, 2013
10/13
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ALJAZAM
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that there's been serious negotiations about raising the debt ceiling. on the president's side doesn't he have a point when he says if the positions were reversed the republicans wouldn't be happy if democrats were saying, we won'tny tkoerbuatwon'tnegotiatee tight gun control regulations. >>> he's obviously eludeing to the key problem in this whole situation which is the desire of many republicans to dramatically altar or delay or to fund the president's signature health care program. so that's what he's eludeing to if he says if the swaegs was sie reversed. they would be unhappy campers. one of the things that was left unclear this afternoon came in the last question of this very, very long economics 101 class what the president oversaw was, if we get to the 17th or 18th or somewhere around there and the deadlines for raising the debt ceiling and we come up with some extension how does that actually change the dynamic? why aren't we back in the same situation with the two sides haveing the same position and one side sayinging the president won't comprom
that there's been serious negotiations about raising the debt ceiling. on the president's side doesn't he have a point when he says if the positions were reversed the republicans wouldn't be happy if democrats were saying, we won'tny tkoerbuatwon'tnegotiatee tight gun control regulations. >>> he's obviously eludeing to the key problem in this whole situation which is the desire of many republicans to dramatically altar or delay or to fund the president's signature health care program....
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Oct 8, 2013
10/13
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MSNBCW
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our debt ceiling is now 14.3 trillion dollars. it will need to be raised in the coming year. >> that guy didn't have to be particularly bright. he just had to know what the dealt ceiling is. it was a completely non-controversial invisible element of our government. the staff of the senate finance committee where we actually had to write debt ceiling increass s into law. john boehner cannot be allowed to pretend that the madness that he is allowing to run rampant is something that every president in modern history has had to contend with. >> every president in modern history has negotiated over a debt limit. debt limits have been used to force big policy changes. >> there is exactly one speaker in modern history who has seriously tried. by exactly one speaker of the house and that speaker of the house is not speaking the truth. here once begin. >> this is something routine. it has been done more than 40 times since ronald reagan is president. it has never before been used in the kind of ways that the republicans are talking about u
our debt ceiling is now 14.3 trillion dollars. it will need to be raised in the coming year. >> that guy didn't have to be particularly bright. he just had to know what the dealt ceiling is. it was a completely non-controversial invisible element of our government. the staff of the senate finance committee where we actually had to write debt ceiling increass s into law. john boehner cannot be allowed to pretend that the madness that he is allowing to run rampant is something that every...
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Jan 17, 2013
01/13
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FBC
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let's talk about the debt ceiling debate. we are all focused on this week and the president has been talking about it. what is your view on whether spending cuts should be part of the debt ceiling debate? i think that would be a serious mistake. i'm a republican, i have been so since i voted for ike in 1962 and let me tell you ie mistake. you are not talking about one thing that has to do with cutting spending. you're talking about everything and he paying your debts of the guys in the congress talk about an republican republicans drama. and every one of them has something to do with wanting ... and now you have to pay it. and you better pay and where your country is clearly facing a dire consequences. it shows that you don't give a whit about who's president. >> do you agree with the president and you think that we are risking what? a selloff in the market? 2001. >> what's going to happen if it comes to the worst case scenario here? >> somebody will say, don't forget, we all $16.4 trillion. half of that is owned by private p
let's talk about the debt ceiling debate. we are all focused on this week and the president has been talking about it. what is your view on whether spending cuts should be part of the debt ceiling debate? i think that would be a serious mistake. i'm a republican, i have been so since i voted for ike in 1962 and let me tell you ie mistake. you are not talking about one thing that has to do with cutting spending. you're talking about everything and he paying your debts of the guys in the congress...
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Oct 13, 2013
10/13
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KQED
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was president -- raising the debt ceiling does not increase our debt? >> well, on one level, he's right. but in a real sense, he's not right, okay? why do we have to raise our debt zealing? because we're spending more money than we're taking in. at some point, you reach the ceiling and you have to move on or else you can't do it. >> congress and the president raised the debt ceiling. >> of course. it's not done exclusively by the president. but you can't just say that, you know, accumulating all of these debts has no consequence. one of the consequences is it runs into a debt ceiling. ask any family in america. they will tell you what their debt ceiling is. >> these are obligations already incurred for which you have to pay. so the debt is already incurred. we haven't yet printed a treasury bond to make good on that. >> you don't think he was being disingenuous? >> no, no. technically, and in the spirit of it, he's absolutely right. >> talking about disingenuity, the republican party is claiming they are so obsessed and worried about the deficit, they s
was president -- raising the debt ceiling does not increase our debt? >> well, on one level, he's right. but in a real sense, he's not right, okay? why do we have to raise our debt zealing? because we're spending more money than we're taking in. at some point, you reach the ceiling and you have to move on or else you can't do it. >> congress and the president raised the debt ceiling. >> of course. it's not done exclusively by the president. but you can't just say that, you...
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Jan 17, 2013
01/13
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FOXNEWS
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the nation's debt ceiling. to cut to red, my next guest advocates more green when it comes to health care. the called the health reduction. she said there would be a method. explain. >> well, actually, the public option would decrease the deficit by about $104 billion over ten years. >> how too you know that? >> that's the congressional budget office estimate. of what it would do. this is not numbers i made up. because it would inn fact lower the -- provide an option -- this would be completely by choice -- for people who don't want to pick this public option, among the private sector choices within a health exchange, and rates for premiums are estimated to be about 5 to 7% lower, meaning those people in the exchange that needed a subsidy would take fewer tax dollars and it is also estimated that it would serve as an anchor, because there's competition, to bring down the cost of health care, even in the private sector as well. >> when is the government -- when is the government ever done that? with george bush'
the nation's debt ceiling. to cut to red, my next guest advocates more green when it comes to health care. the called the health reduction. she said there would be a method. explain. >> well, actually, the public option would decrease the deficit by about $104 billion over ten years. >> how too you know that? >> that's the congressional budget office estimate. of what it would do. this is not numbers i made up. because it would inn fact lower the -- provide an option -- this...
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Oct 15, 2013
10/13
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CSPAN
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we cannot just raise the debt ceiling for another year and a trillion dollars in debt to the debt that we owe -- already have of $17 trillion. it is kind of like going to the bank. when you go to the bank and you talk to the banker and you say i want alone, i want to increase the loan and raise my credit limit. the banker would say, he maybe willing to give you the loan but he is going to say what are you going to do to address the underlying problem, the problem you have that you are spending more than you're taking in, what are you going to do to address that? and i am sure if you said i am not going to do anything to address it, you might have a hard time getting blown, right? that is true whether you are a family or a business. that is true for the federal government. so let's put the necessary savings and reforms in place. the president and his budget identified more than $600 billion in changes and savings and reforms that he could support to mandatory spending programs. we have talked to him about those time and again. now is the time to implement those savings and reforms to th
we cannot just raise the debt ceiling for another year and a trillion dollars in debt to the debt that we owe -- already have of $17 trillion. it is kind of like going to the bank. when you go to the bank and you talk to the banker and you say i want alone, i want to increase the loan and raise my credit limit. the banker would say, he maybe willing to give you the loan but he is going to say what are you going to do to address the underlying problem, the problem you have that you are spending...
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Sep 28, 2013
09/13
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KCSM
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the borrowing and the continuous raising of the debt ceiling. why don't these politicians just put up a bill to eliminate the debt ceiling, what is the purpose of having a debt ceiling if we raise it every time we get to it as nobody wants to vote to eliminate the debt ceiling because they want to pretend they care about the debt but everyone wants and increase. if you want to look at the markets if the markets are selling off on the false crisis that we might not increase the debt ceiling, there is opportunities because we now they're going to increase the debt ceiling but ultimately, the biggest crisis does not come because we failed to raise the debt ceiling but because we do raise it and we repeatedly raise it and that is why the country is rogue. >> there is some talk about getting rid of the debt limit. even if the president were to use the 14th amendment solution as speaker nancy pelosi has suggested he do. that would by default get rid of the debt limit. about a month ago a baby panda was born at the national zoo. we are in these critica
the borrowing and the continuous raising of the debt ceiling. why don't these politicians just put up a bill to eliminate the debt ceiling, what is the purpose of having a debt ceiling if we raise it every time we get to it as nobody wants to vote to eliminate the debt ceiling because they want to pretend they care about the debt but everyone wants and increase. if you want to look at the markets if the markets are selling off on the false crisis that we might not increase the debt ceiling,...
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hitting debt ceiling doesn't do it. >> we have go different issues. one is the debt ceiling. the second is the sequester. doug is right, debt ceiling expiring doesn't automatically cut spending but the sequester does. cuts across the board manner, social security, medicare and medicaid are exempted. deep cuts into the military and discretionary spending will go into effect. those things will happen simultaneously and force people back into the bargaining table to come up with at least a temporary patch. melissa: solving the problem in the long run is the real problem we have. governor, how do we deal with that? this is fundamental disagreement between two groups of people one side believes the government should get larger and have a bigger role and needs more revenue to do that the other side thinks we need to shrink government. those are so diametrically opposed points of view. i don't know how even though we're at this crisis point how do you resolve that fundamentally different point of view? >> well, look that different point of view has been going on since, you know, ham
hitting debt ceiling doesn't do it. >> we have go different issues. one is the debt ceiling. the second is the sequester. doug is right, debt ceiling expiring doesn't automatically cut spending but the sequester does. cuts across the board manner, social security, medicare and medicaid are exempted. deep cuts into the military and discretionary spending will go into effect. those things will happen simultaneously and force people back into the bargaining table to come up with at least a...
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Oct 8, 2013
10/13
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MSNBC
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as a result a debt ceiling increase has been rolled into them as opposed to going up to the debt ceiling and saying you won't vote for it unless you get a substantive concession when the concession being remanded doesn't have to dupe with the budget as in defunding obama care. >> listen, i was never on the train on the obama care thing. i didn't think that was the right strategy. it was more senator coburn was. however if you go back to 1978, it was house democrats that took the debt limit right to within eight hours of when the was going to go up. this happened a fair number of times. i don't think it is the right way to function. the debt limit is reached because spending and, expenses, revenue and expenses are not in balance. and the, the debt limit is really just a symptom of -- of a process that's severely broken. >> a process that emanates article one branch, united states congress, house of representatives, including the congressman. thank you for your time tonight. i really enjoyed it. joining me congresswoman maxine waters, democrat from california. and congresswoman, what is yo
as a result a debt ceiling increase has been rolled into them as opposed to going up to the debt ceiling and saying you won't vote for it unless you get a substantive concession when the concession being remanded doesn't have to dupe with the budget as in defunding obama care. >> listen, i was never on the train on the obama care thing. i didn't think that was the right strategy. it was more senator coburn was. however if you go back to 1978, it was house democrats that took the debt...
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just put up a bill to eliminate the debt ceiling what's the purpose of having a debt ceiling if we raise it every time we get to it because nobody wants to vote to eliminate the debt ceiling because they want to pretend that they care about the debt but everybody wants to increase it because they don't want to cut any spending but if you want to look at the markets if the markets are selling off on the false crisis that we might not increase the debt ceiling clearly there's opportunities because we know they're going to increase the debt ceiling but ultimately the biggest crisis not it doesn't come because we fail to raise the debt ceiling but because we do raise it and we repeatedly raise it and that's why the country is broke i think because there actually is some talk about kind of getting rid of the debt limit i mean even if the president were to use the fourteenth amendment solution as speaker the house nancy pelosi has suggested he should do that would kind of by the fall get rid of the debt limit but one last question here about a month ago a baby panda was born at the national zo
just put up a bill to eliminate the debt ceiling what's the purpose of having a debt ceiling if we raise it every time we get to it because nobody wants to vote to eliminate the debt ceiling because they want to pretend that they care about the debt but everybody wants to increase it because they don't want to cut any spending but if you want to look at the markets if the markets are selling off on the false crisis that we might not increase the debt ceiling clearly there's opportunities...
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Jan 17, 2013
01/13
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FOXNEWSW
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the debt ceiling has been in place since 1939. you have competing ideas, one on the house, john boehner said we'll raise the debt sealing a dollar for every dollar you cut spending. republicans out of pennsylvania, pat toomey you prioritize the bills you pay for long period of time. weeks and months. make sure the military is taken care of. >> sure. bill: would you back house idea or senate idea or neither? >> i think both are part of the negotiation strategy. i think john boehner's plan to bring down spending dollar for dollar makes a lot of sense and i think pat toomey's does. you don't want to cut very things most critical to the u.s. there is lot of garbage spending in government, believe me, bill, when i say that. why would you make the critical spending the first things you're going to cut except just to hold the country hostage. that is what the democrats are threatening. it doesn't make sense. bill: do you think republicans can win on either option? >> if they do it carefully, slowly and comfortably, yes i do think they ca
the debt ceiling has been in place since 1939. you have competing ideas, one on the house, john boehner said we'll raise the debt sealing a dollar for every dollar you cut spending. republicans out of pennsylvania, pat toomey you prioritize the bills you pay for long period of time. weeks and months. make sure the military is taken care of. >> sure. bill: would you back house idea or senate idea or neither? >> i think both are part of the negotiation strategy. i think john boehner's...
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Oct 8, 2013
10/13
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ALJAZAM
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whoa is the debt ceiling? >> what that implies is that for the federal government to keep adding debt and maintaining it's current level of spending it has to have approval from congress that it can increase borrowing. without the lifting of the debt ceiling the government has to begin to cut spending as this prproceeds the cuts will be more difficult for society. >> raising the debt limit is not that big of a deal, is it or isn't it? >> it becomes a very big deal the longer the debt ceiling is not lifted. >> i would be suburb price subut the lifting of the debt ceiling the government will be forced to cut back on social security and just cutting back on the scogs l security would have an effect of the governmenspending. and create a recession. why are people saying a default could be worse than the financial crisis of 2008? >> that would bring in question the trillions of dollars of outstanding treasury debt. it's very important if we are going to have an adequate supply of credit to the sector. if the u.s. t
whoa is the debt ceiling? >> what that implies is that for the federal government to keep adding debt and maintaining it's current level of spending it has to have approval from congress that it can increase borrowing. without the lifting of the debt ceiling the government has to begin to cut spending as this prproceeds the cuts will be more difficult for society. >> raising the debt limit is not that big of a deal, is it or isn't it? >> it becomes a very big deal the longer...
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Jan 10, 2013
01/13
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MSNBC
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seven debt ceiling raises. white was just sort of -- everyone understood it would get raised and it was a time to remind people how big the debt was and nobody really took it seriously, press release. it was useful for that. once people started taking it seriously and said we are going to think about not paying the debt it bill absurd and it is -- it is absurd and it needs to be -- needs to go away or congress just needs to understand that that's the only use of it. a coin isn't going to solve that problem. looking at a darn corners of the constitution will not solve that problem. >> what is -- you know, the problem -- that -- republicans seem to have is it the leadership sort of knows that they really shun be playing politics of the debt ceiling. but the rank and file, they don't want any part of that. they want to play politics. >> this is the problem. this is my problem with people who are spending a lot of time, smart people. friends of ours who are spending a lot of time talking about the kooky ideas. you
seven debt ceiling raises. white was just sort of -- everyone understood it would get raised and it was a time to remind people how big the debt was and nobody really took it seriously, press release. it was useful for that. once people started taking it seriously and said we are going to think about not paying the debt it bill absurd and it is -- it is absurd and it needs to be -- needs to go away or congress just needs to understand that that's the only use of it. a coin isn't going to solve...
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Oct 15, 2013
10/13
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ALJAZAM
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moving closer to the debt ceiling deadline. how this country got to the point of potentially default on the ground its payments. a very close call for one state trooper as a driver gets way too close for comfort. and some residents in washington state leading the charge in a major food fight, the big battle over genetically modified foods. what happens when social media uncovers unheard, fascinating news stories? >> they share it on the stream. >> social media isn't an after-thought, it drives discussion across america. >> al jazeera america's social media community, on tv and online. >> this is your outlet for those conversations. >> post, upload and interact. >> every night share undiscovered stories. [[voiceover]] every day, events sweep across our country. and with them, a storm of views. how can you fully understand the impact unless you've heard angles you hadn't considered? antonio mora brings you smart conversation that challenges the status quo with unexpected opinions and a fresh outlook. including yours. >>> the deba
moving closer to the debt ceiling deadline. how this country got to the point of potentially default on the ground its payments. a very close call for one state trooper as a driver gets way too close for comfort. and some residents in washington state leading the charge in a major food fight, the big battle over genetically modified foods. what happens when social media uncovers unheard, fascinating news stories? >> they share it on the stream. >> social media isn't an...
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Oct 9, 2013
10/13
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MSNBCW
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ceiling, you think that's adding for debt. the president said that's not what it means. but the republicans everywhere are rejoicing that the debt ceiling is a confusing thing to understand. so we are going to make it u crystal clear coming up. maybe you've noticed. is there a lot of worry building up around a daily problem? well ladies, now there's big news in controlling your overactive bladder symptoms. thinking less about them with new oxytrol for women. it's a patch. the first and only over the counter treatment for overactive bladder. it's good to know how to put the control back in your go. new oxytrol for women. now over the counter in the feminine care aisle. visit oxytrolforwomen.com to learn more. >>> if congress refuses to raise what's called the death ceiling, america would not be able to meet all of our financial obligations for the first time in 225 years. and because it's called raising the debt ceiling, i think a lot of americans think it's raising our debt. it is not raising our debt. this does not add a dime
ceiling, you think that's adding for debt. the president said that's not what it means. but the republicans everywhere are rejoicing that the debt ceiling is a confusing thing to understand. so we are going to make it u crystal clear coming up. maybe you've noticed. is there a lot of worry building up around a daily problem? well ladies, now there's big news in controlling your overactive bladder symptoms. thinking less about them with new oxytrol for women. it's a patch. the first and only...
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Oct 7, 2013
10/13
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CSPAN
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of the debt ceiling. it is our view, as i think both those officials stated this morning, that since the whole argument is to remove uncertainty, the uncertainty created by the threat of default, the threat of not raising the debt ceiling, that the longer you raise the debt ceiling or, the better, and we will -- the debt ceiling for, the better, and we will support a movement to raise the debt ceiling for year. that would certainly be viewed here is something we did support. but we don't get to make those determinations. what our position has always been was not raise it for a certain amount of time. it has been raise the debt ceiling without drama and delay. , ourver the duration position will not change, which is raise it so that the united states can continue to pay its bills and continue to ensure that the world knows we are good to our word and we fulfill our obligations, and when it comes up again, our position will still be, we will not negotiate over congress's responsibility is to pay the bills t
of the debt ceiling. it is our view, as i think both those officials stated this morning, that since the whole argument is to remove uncertainty, the uncertainty created by the threat of default, the threat of not raising the debt ceiling, that the longer you raise the debt ceiling or, the better, and we will -- the debt ceiling for, the better, and we will support a movement to raise the debt ceiling for year. that would certainly be viewed here is something we did support. but we don't get to...
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Jan 14, 2013
01/13
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MSNBCW
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i just want to come back to the debt ceiling. you said you wouldn't in this on the debt ceiling, and you did. last year you said that you wouldn't extend any of the bush tax cuts for the wealthy, and you did. as you say now that you're not going to negotiates on the debt ceiling this year, why should house republicans take that seriously and say if we get to the one minute to midnight scenario that you're not going to back down? >> well, first of all, juliana, let's take the example of this year and the fiscal cliff. i didn't say that i would not have any conversations at all about extending the bush tax cuts. i just said we wouldn't extend them for the wealthy. we didn't. you can argue that during the campaign i said -- i set the criteria for wealthy at $250,000, and we ended up being at $400,000, but the fact of the matter is millionaires and billionairres are paying significantly more in taxes just as i said. so for, you know, from the start, my concern was making sure that we had a tax code that was fair and it protected the
i just want to come back to the debt ceiling. you said you wouldn't in this on the debt ceiling, and you did. last year you said that you wouldn't extend any of the bush tax cuts for the wealthy, and you did. as you say now that you're not going to negotiates on the debt ceiling this year, why should house republicans take that seriously and say if we get to the one minute to midnight scenario that you're not going to back down? >> well, first of all, juliana, let's take the example of...
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Oct 15, 2013
10/13
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CSPAN
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as part of a debt ceiling agreement. we need to have savings and ourrms that underlie problem. the problem that we are spending more than we take in. we cannot just raise the debt ceiling for another year at a trillion dollars in debt to the dutch we are ready have of $17 trillion. kind of like going to the bank. you go to the bank and talk to the banker and say i want to increase the loan i have and want to increase mice but it -- credit limit. he may be willing to give you but he will say what are you going to do to address the underlying problem? the president identified more billion dollars in changes in savings and reforms that he could support for mandatory spending programs. we talked about those times. now is the time to implement savings and reforms to the mandatory spending programs. i will give you an example of one that i have been hard at work on for the past two years. that is the farm bill. we work hard on changes and improvement and strengthening the crop insurance. that is what farmers and ranchers want.
as part of a debt ceiling agreement. we need to have savings and ourrms that underlie problem. the problem that we are spending more than we take in. we cannot just raise the debt ceiling for another year at a trillion dollars in debt to the dutch we are ready have of $17 trillion. kind of like going to the bank. you go to the bank and talk to the banker and say i want to increase the loan i have and want to increase mice but it -- credit limit. he may be willing to give you but he will say...
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Jan 24, 2013
01/13
by
FBC
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eye 64
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the house would like to not raise the debt ceiling at all. as they're preference, at least the majority of them. but they can't do that because they can't get the spending cuts to offset anything. what they're doing is trying to buy some time. the middle ground between doing nothing and surrender entirely. gerri: the middle ground. >> between surrender in doing nothing in all. on satisfying, but irresponsible piece of action. gerri: okay. well, what do you say? the interesting part of this command of one to you what you have to say. apparently the senate will okay this idea that it won't get paid if they don't create a budget. that's not really true. they will get paid, but the money will go into an account somewhere and be held for a while. they eventually will be paid. the end of the day and don't really see any bodies and getting smacked. >> well, the money will be held until the very end of 2014, the end of this congress. another thing people wanted paychecks held for 20 months. at think this is the only thing that got their attention. to
the house would like to not raise the debt ceiling at all. as they're preference, at least the majority of them. but they can't do that because they can't get the spending cuts to offset anything. what they're doing is trying to buy some time. the middle ground between doing nothing and surrender entirely. gerri: the middle ground. >> between surrender in doing nothing in all. on satisfying, but irresponsible piece of action. gerri: okay. well, what do you say? the interesting part of...
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Oct 8, 2013
10/13
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ALJAZAM
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he's also been on the debt ceiling tirade. he has long said that the republicans should use the debt ceiling as a point of leverage to bring president obama to the table and get concessions. he has down played economic crisis breaching the debt ceiling could be. he said the white house, the treasury department and economists are overplaying their hand. he's also saying that they're making too much of this federal government shutdown. he's an army veteran, and he's aligned himself with a lot of veteran who is have been taking trips to the national mall and trying to visit sites at the world war ii memorial. they found it shuttered last week and were very upset. louy gohmert has been going out and moving the barricades for publicity but he has not done the legislative work that would get the federal workers back on the job, those who clean the memorials, pick up the trash and protect public safety at the national mall. instead he's blaming the obama administration. >> i can tell you any administration that is so calloused that i
he's also been on the debt ceiling tirade. he has long said that the republicans should use the debt ceiling as a point of leverage to bring president obama to the table and get concessions. he has down played economic crisis breaching the debt ceiling could be. he said the white house, the treasury department and economists are overplaying their hand. he's also saying that they're making too much of this federal government shutdown. he's an army veteran, and he's aligned himself with a lot of...
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Oct 7, 2013
10/13
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debt ceiling fight we'll have. joining me managing editor of the grio joy reid and joining us from the capital is republican congressman from oklahoma's fourth district deputy majority whip tom cole. congressman, thank you as always for joining us. >> alex, thank you. >> so congressman, a few months ago, two months ago to be precise you came on the show and you said the following. lets roll the actual tape. >> shutting down the government is a suicidal political tactic. eventually it will be reopened but the president will not have capitulated and you will have discredited yourself and along the way you've heard the american people. >> having said that, where do you think we are today and what do you think of the government shutdown. >> i would say i was pretty accurate by prophecy. frankly i think we have made more progress probably than most people understand. over half the government is back opening. it should never have been shut down, the defense department and civilian contractors and civilian workers. we vot
debt ceiling fight we'll have. joining me managing editor of the grio joy reid and joining us from the capital is republican congressman from oklahoma's fourth district deputy majority whip tom cole. congressman, thank you as always for joining us. >> alex, thank you. >> so congressman, a few months ago, two months ago to be precise you came on the show and you said the following. lets roll the actual tape. >> shutting down the government is a suicidal political tactic....
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Oct 13, 2013
10/13
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CSPAN
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the debt ceiling deniers need a dozen debt ceiling reality and you have given them that today. you have said prioritization is default by another name. prioritization is extremely difficult, as you have said. do we pay foreign debts or veterans benefits? do we make sure social security benefits go out or pay medicare, do we pay for education or our troops? american people don't want that. they would want us to pass a clean debt ceiling bill and avoid those awful choices. i would like to talk about the other -- by the way, one of these debt ceiling deniers, a congressman named brown, he said that much of what he learned in medical school relies that came from the pits of hell. if we are letting people like this lead us, god save america. i would like to deal with the second issue which is the timing. in my view, we are like a blindfolded man walking towards a cliff and if we keep walking in that direction, very soon, we will fall off. we may fall off on october 16 or october 17 or are over 25 or november 1 but we will fall off. the most interesting -- the most important point is
the debt ceiling deniers need a dozen debt ceiling reality and you have given them that today. you have said prioritization is default by another name. prioritization is extremely difficult, as you have said. do we pay foreign debts or veterans benefits? do we make sure social security benefits go out or pay medicare, do we pay for education or our troops? american people don't want that. they would want us to pass a clean debt ceiling bill and avoid those awful choices. i would like to talk...
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ceiling debt crisis and the deficit of knowledge in congress you won't want to miss that it's coming right up but now let's get to the ship. with the holidays just around the corner we decided to kick off today's headlines with some debt free jubilee now this story it started all a little over one year ago when a group of occupy wall street activists created the strike down debt project known as rolling jubilee today the group has managed to abolish almost fifteen million dollars worth of personal debt now described on its.
ceiling debt crisis and the deficit of knowledge in congress you won't want to miss that it's coming right up but now let's get to the ship. with the holidays just around the corner we decided to kick off today's headlines with some debt free jubilee now this story it started all a little over one year ago when a group of occupy wall street activists created the strike down debt project known as rolling jubilee today the group has managed to abolish almost fifteen million dollars worth of...
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Oct 9, 2013
10/13
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MSNBC
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ceiling, you think that's adding for debt. the president said that's not what it means. but the republicans everywhere are rejoicing that the debt ceiling is a confusing thing to understand. so we are going to make it u crystal clear coming up. evto earn degrees in mathan stand science.ut but more than half leave their programs. so we're missing out on 450,000 math and science graduates annually. but if we can help students prepare for these subjects we'll have a stronger workforce for our fastest-growing industries. let's invest in our future. join exxonmobil in advancing math and science education. let's solve this. she loves a lot of it's what you love about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all yo
ceiling, you think that's adding for debt. the president said that's not what it means. but the republicans everywhere are rejoicing that the debt ceiling is a confusing thing to understand. so we are going to make it u crystal clear coming up. evto earn degrees in mathan stand science.ut but more than half leave their programs. so we're missing out on 450,000 math and science graduates annually. but if we can help students prepare for these subjects we'll have a stronger workforce for our...
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ceiling and gone through the debt ceiling that would have caused. an economic catastrophe but i think way why you saw wall street not really getting too excited was they thought this whole negotiation was probably a farce and it turned out they were right it was the republicans felt like they had to ask and ask and ask in till finally they ran up against the deadline and they couldn't ask any more and then they would just let let things go on the way they've been going which you know either ed or less can get angry about from different directions but it is not leading us into any kind of immediate catastrophe if so. i think i think it's easy to get overexcited about exactly just how perilous the situation was the well i mean we are postponing it postponing it less if you can weigh in here because it is this kind of postponing doomsday here i mean and i agree with ed there on the on the debt level i mean you just can't keep going up and up i mean very serious questions have to be decided here and and that's ok go ahead let's you could get it up and u
ceiling and gone through the debt ceiling that would have caused. an economic catastrophe but i think way why you saw wall street not really getting too excited was they thought this whole negotiation was probably a farce and it turned out they were right it was the republicans felt like they had to ask and ask and ask in till finally they ran up against the deadline and they couldn't ask any more and then they would just let let things go on the way they've been going which you know either ed...
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Oct 16, 2013
10/13
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CNBC
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the debt ceiling. i think it's a negative if we don't have a little messiness because we're kicking the biggest campbell's soup can down the road and that seems to be the biggest norm. >> as he said. >> thanks, everybody. >> it occurs to me, there's this inverse relationship that's developed. wall street is near an all-time high as washington hits a new all-time low, don't you think? quite an arbitrage. headed to the close with 50 minutes left. art cashin was signaling we have a slight upward buy. not huge. would he keep an eye on it with the dow up 157 points. >> we'll get the take of our next guest, how is blackrock ceo larry fink dealing with the dysfunction in d.c.? here's here in an exclusive coming up. >> all eyes may be on washington but we're not forgetting about key earnings reports. ibm coming out tonight, ebay, american express also. we'll have instant analysis and reaction to all those numbers later on the "closing bell." in today's markets, a lot can happen in a second. with fidelity's gua
the debt ceiling. i think it's a negative if we don't have a little messiness because we're kicking the biggest campbell's soup can down the road and that seems to be the biggest norm. >> as he said. >> thanks, everybody. >> it occurs to me, there's this inverse relationship that's developed. wall street is near an all-time high as washington hits a new all-time low, don't you think? quite an arbitrage. headed to the close with 50 minutes left. art cashin was signaling we have...
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Oct 11, 2013
10/13
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MSNBC
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of the debt ceiling and remove the ability for people to use the debt ceiling to take us hostage by using what mitch mcconnell proposed to get us out of the 2011 debt ceiling crisis and what he did and what's being called the mcconnell rule. he allowed the president to unilaterally raise the debt ceiling and congress can vote to disapprove. if the president wants the debt ceiling to be raised, he has to veto that measure and it could be overridden by two thirds of both houses. is there any sort of talk or discussion of some way of actually taking away this debt ceiling threat for the longer term? >> i think it's a possibility that could be in the cards in the larger budget discussion that you'd end up having between republicans and democrats trying to craft something after a temporarily debt ceiling increase, a temporary extension of the u.s. government. but krystal, i don't think we know how long the debt ceiling will be increased for. house republicans yesterday were talking about a six-week extension. but it could be longer than that. we just don't know any kind of the details ye
of the debt ceiling and remove the ability for people to use the debt ceiling to take us hostage by using what mitch mcconnell proposed to get us out of the 2011 debt ceiling crisis and what he did and what's being called the mcconnell rule. he allowed the president to unilaterally raise the debt ceiling and congress can vote to disapprove. if the president wants the debt ceiling to be raised, he has to veto that measure and it could be overridden by two thirds of both houses. is there any sort...
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ceiling debt crisis and the deficit of knowledge in congress you won't want to miss that it's coming right up but now let's get to the show.
ceiling debt crisis and the deficit of knowledge in congress you won't want to miss that it's coming right up but now let's get to the show.
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Oct 9, 2013
10/13
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the debt ceiling. >> you think that some facet of the president's health care plan should be attached to an increase in the debt celling? >> yes. >> we've just got to put obama care on hold. >> i'll do anything i can to protect the american people from obama care. >> republican congressman scott garrett said if a debt ceiling deal doesn't have a full delay or defund of obama care, i know i and many others will not be able to support whatever the leadership proposes. the president has repeatedly assured republicans this will never happen. >> i'm going to repeat it. there will be no negotiations over this. the united states government p pays its bills. that's non-negotiable. we're not going to negotiate around the debt ceiling. >> the republicans think they have the support of the american people. the latest polling finds that 70% of americans disapprove of congressional republicans handling of the budget. that's up from 63% just last week. the latest national journal poll are even worse than the gop. 80
the debt ceiling. >> you think that some facet of the president's health care plan should be attached to an increase in the debt celling? >> yes. >> we've just got to put obama care on hold. >> i'll do anything i can to protect the american people from obama care. >> republican congressman scott garrett said if a debt ceiling deal doesn't have a full delay or defund of obama care, i know i and many others will not be able to support whatever the leadership...
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Oct 11, 2013
10/13
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ALJAZAM
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ceiling hirts businesses. >> how the banks spoond to the debt ceiling negotiations and things like that has a direct impact on small businesses and their ability to borrow and the cost of borrowing as well. as well. so all of that will hurt small businesses. wand there is the over all uncertainty on how this will ahow much it will cause depends on one thing whether congress acts to raise the debt ceiling on time. all eyes are on the wost to see if they are closer resolution the congress has wiggle room. they warn that that window won't last long. and in the meantime markets could dramatically react. zblorchlts that is libby casey report, let's bring in joe. how are you doing, joe? >> i'm doing great. >> give me an idea of what you make of what happened today. we heard eric cantor come out and say they are making progress. >> did you sense a change in tone? >> i did absolutely. i thought it was a very, very hopeful talk. as remember the two sides have been only talking to the media and now they are talking to each other. and that is very posh. you have to consider the fact that eric cant
ceiling hirts businesses. >> how the banks spoond to the debt ceiling negotiations and things like that has a direct impact on small businesses and their ability to borrow and the cost of borrowing as well. as well. so all of that will hurt small businesses. wand there is the over all uncertainty on how this will ahow much it will cause depends on one thing whether congress acts to raise the debt ceiling on time. all eyes are on the wost to see if they are closer resolution the congress...
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Oct 8, 2013
10/13
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ALJAZAM
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ceiling they will not allow the united states to reach the debt ceiling. i don't know where the deal is going to come from because they've just do the to increase the debt ceiling. it might be a temporary deal. it might an permanent deal until we start understanding that it's the 15th of october, and we do not have a deal, the 17th is the day that we could start missing payments. you could see a reaction, but wall street is letting us play this out for a while. thethey're giving republicans a little bit of a cover right now, but that won't last for long. >> it is republicans aren't closely tied to wall street. there is a lot of republican money that comes from wall street and goes into traditional republican coffers. are they saying to republican politicians listen, you got to get us out of this otherwise we're not going to be writing those big checks to you? >> you would think that's the case. but from what i've been hearing and people i've been talking to, they're not. there are a lot of people on wall street. moneyed people who are telling republicans,
ceiling they will not allow the united states to reach the debt ceiling. i don't know where the deal is going to come from because they've just do the to increase the debt ceiling. it might be a temporary deal. it might an permanent deal until we start understanding that it's the 15th of october, and we do not have a deal, the 17th is the day that we could start missing payments. you could see a reaction, but wall street is letting us play this out for a while. thethey're giving republicans a...